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Home Life skills Money & Finance

Financial terms that you must know

Savings, Credit, Interest rate, Budget, Debt, Investments, Stocks, Taxes

July 8, 2021
in ALL, College+, High School, Middle School, Money & Finance
Reading Time: 27 mins read
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Financial terms

Financial terms

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Finance seems to be a stressful word whenever you hear it. If we talk about learning finance at schools – it’s a standard subject with which you can’t relate much at this point in life. However, the onus is on you to explore the essential components of money management because this subject is crucial for your future.

Dear, it’s not a difficult task to learn basic financial terminologies, but if it seems like rocket science to you, then relax! We are here to help you out.

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In a Nutshell

Personal finance is an essential subject to learn before entering the real world. Hence, in this article, we have simplified some basic financial terms for you. However, we suggest you refer to these concepts a few times until you move to higher topics. For more complex words and concepts, please check the index of financial terms.

 

Citations :

Skillioma (October 7, 2025) Financial terms that you must know. Retrieved from https://staging.skillioma.com/financial-terms-that-you-must-know/.
"Financial terms that you must know." Skillioma - October 7, 2025, https://staging.skillioma.com/financial-terms-that-you-must-know/
"Financial terms that you must know." Skillioma - Accessed October 7, 2025. https://staging.skillioma.com/financial-terms-that-you-must-know/
Skillioma August 14, 2020 Financial terms that you must know., viewed October 7, 2025,<https://staging.skillioma.com/financial-terms-that-you-must-know/>
Skillioma - Financial terms that you must know. [Internet]. [Accessed October 7, 2025]. Available from: https://staging.skillioma.com/financial-terms-that-you-must-know/
"Financial terms that you must know." Skillioma [Online]. Available: https://staging.skillioma.com/financial-terms-that-you-must-know/. [Accessed: October 7, 2025]

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Tags: Business Skillscreditcredit cardcredit scoredebtEntrepreneurshipfinancial termshow to open a savings accountSavingstaxes
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